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What is the relationship between the following two compounds?
Inventory Turnover Ratio
A metric indicating how often a company's inventory is sold and replaced over a specific period.
Financial Statements
Formal records detailing the financial activities and condition of a business, individual, or other entity, presenting its assets, liabilities, income, and expenses in a structured format.
Common Shares
Equity securities that represent ownership in a corporation, entitling holders to vote at shareholder meetings and receive dividends.
P/E Ratio
The ratio for valuing a company that measures its current share price relative to its per-share earnings.
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